Data & Predictive Analytics & Business Intelligence for Controllers/CFOs

Overview

The Accountant role is evolving from data aggregation to knowledge extraction, with a significant emphasis on understanding and leveraging technological advancements. In this era of rapid digital transformation, it is crucial for accountants to grasp the shift towards more analytical roles, learn the tools, and integrate Business Intelligence (BI) and Data Analytics (DA) in their organization and daily practices. This course will focus on raising the accountant's awareness of BI and DA practices, the impact of AI technologies like ChatGPT, and how these can benefit their organization. By embracing these technologies, accountants can enhance their value proposition by transitioning from traditional accounting roles to becoming strategic advisors and decision-makers.

Highlights

• DA and BI relationship to accountant value.
• Current trends in BI and DA, including the emergence of AI tools like ChatGPT.
• The changing accountant roles: data analyst, data scientist, and data storyteller, with an emphasis on how ChatGPT can be utilized in these capacities.
• Obtaining datasets to compare and contrast with their organization's data, and how ChatGPT can assist in analyzing and interpreting this data.
• BI tools and the inclusion of AI technologies such as ChatGPT to streamline processes and improve analytical capabilities.

Prerequisites

None

Designed For

Accounting Managers, Controllers, CFOs

Objectives

• Understand how AI, BI, and DA will impact the Accounting function and positions.
• Comprehend the business purpose for adopting AI technologies, including ChatGPT, and their role in enhancing BI and DA applications.
• Identify resources in the AI, BI, DA journey, with a focus on integrating ChatGPT for advanced data analysis and customer interaction.
• Recognize current trends in technology that are shaping the future of accounting.
• Learn how to leverage ChatGPT for automating routine tasks, generating insights from data, and improving decision-making processes.

Preparation

None

Notice

This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Accounting Continuing Professional Education Network (ACPEN).